Mark your calendars for Tuesday 22nd October 2024, as Community Financial System (NYSE: CBU) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
According to predictions from financial analysts on Wall Street, the company is expected to report an estimated per share $0.88 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $186.8 million during this period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $736.73 million. Furthermore, they expect the business to achieve profit of $3.42 per share during the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.82. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $175.37 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.95 | +4.4% | 183.80 M | +4.9% |
| Q1 2024 | $0.82 | -4.7% | 177.28 M | +42.4% |
| Q4 2023 | $0.76 | -20.8% | 176.96 M | +0.6% |
| Q3 2023 | $0.82 | -12.8% | 175.37 M | -0.2% |
| Q2 2023 | $0.91 | +7.1% | 175.26 M | +4.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Community Financial (CBU) closed Friday's regular trading session at $60.86, demonstrating a 2.97 percent decline. The stock fluctuated between $60.71 and $62.67 during the day, with a volume of 305.20 thousand shares.
